The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-12-25

cf6dSeQ luiIy IOO PEI CouO- ILLS y car.
have sold close on to 100000 worth Of
property within the last six months,
and it ratio IS increasing.
O.-What do you attribute the rise to
A.-To the fact that railroads are
looking this way, and railroad men and
their friends are buying more than any
other class. Railroads coming west
have now reached point where Salt
Lake City is the next city they must
make for. Buyers also look for rail
roads to connect with the Pacific Coast
from this place. The general idea is
this is bound to be great rail-
road centre, d junction point.
Regarding the choice Of property, [
think the western and southwestern
parts of the city will be built up by
roadrosd shops, manufacturing estab-
ishments and kindred industries, be
cause of the abundance Of water, while
the eastern and southeastern parts of
the city will be built up with residences,
on account of the healthful Location
l certainly look for that part of the
city around the Park to be built up with
beautiful residences, and that it will
build up faster than any other part of
the city. Although from indications, |
believe that the whole southern and
eastern part of the city will build up
very fast. l may say as to my faith
in Salt Lakes growth that it is I'M
bounded. In this l draw nay conclu-
siQns from the investments made by
railroad men and their friends, have
great confidence in their judgment.
They would not buy if the growth OF
this city were not almost an absolute
certainty, and further, when they once
get their money in here, they will pull
for the city to get it out and make
haul besides.
WI. MILES NO. 276 S. MAIN ST.
Q-Were you in business before you
came here?
Ayes, sir; in Wichita, Kansas.
Q.-Whst induced you to come here?
A.-Well, there were many reasons.
I thought Salt Lake City had great
future before it, and especially in the
real estate business. L also thought
the value of property here was really
behind what the resources of the coun-
try demanded. l was led to this be
lief largely through reading and
through interviews With parties who
had opportunities for knowing the great
resources Utah possessed. I vas also
attracted TO Salt Lake because of its
geographical position as a railroad
centre It's distance from other railroad
centres, being as it is, the halfway
house" between California and Eastern
civilization. From my observation !
much preferred to come here, rather
| than any other place.
ve 9;-"hA' induced you to pass Den
Al thought property there as high
as the condition OF things justified
that it had reached its limit and offered
no opportunities for speculation. l also
considered the resources of both places,
and found them superior and of greater
variety here. 1 also thought there was
nothing in Denver that Salt Lake did
not have in an equal degree, and in
many things Salt Lake far surpassed
those of the capital OF Colorado, hay
ing things unknown to Denver.
Q-What do you think of the posi-.
bihties Of Salt Lake as compared with
the place you left.
A.-There the condition of things
were favorable for the raising OF
hogs; but 1t had no mines. The eli
mate here, as well as the beautifu
lakes, springs, rich mineral deposits
were great inducements to me. II
Colorado the mineral deposit:
are in the mountains while
the soil in its valleys is thin and poor
and plentiful i'll minerals, but the
valleys are very rich, fertile and cult
| waited. | also noticed in Denver thai
they had to dig 1900 feet for flowing
wells, while here water is obtained al
sixty feet. This [ thought great in
ducement, and do still think so. AnG
l hold further that Salt Lake in time
on account of the many minera
springs, its wonderful lake and fresh
water everywhere flowing, will be
come one Of the greatest sanitary:re-
sorts in the United States or in North
America. Colorado gets thousands anC
thousands of dollars every year TO
| nothing but mountains and trou
fishing, while here they have not onl!
these, but plenty of game, fish. tn
lake and hot and cold springs which
equal, if they dc not surpass those il
Kansas, to which the great rush o
health seekers there is due.
Q.-What do you think of theEaIu
of property here?
Al think it is, as rule, less by 5
per cent. than in any city in the ives
occupying so advantageous position
for manufacture, and as commercia
centre, and the natural resources it
backed with.
Q.-How we'll do you. think Salt LAX
is advertised?
Al think it has not been so wei
advertised as it should be; but | believ
it is now awakening in this regard
manly due to the Chamber 'of Com
MERGE. But there has also been rea
estate wave throughout the vast and it
eliminating here. | have letters of in
quiry from eastern business men, a
also from the boom towns of California
where tt e people are weakening unde
the condition of things, and they ar
| turning their eyes toward Salt Lake a
a place destined to become of gres
prominence in the commercial an
| business world.
TAYLOR BROTHERS,
No. 50 Main Street, opposite Il. G.. Nj. |
Q.-How long have you been in tn
business of real estate?
A.-AboUt three months.
Q.-Has there been an increase in in
| terest?
A Vau avar Sipna uyo ooynmpuoa,